Last week was all about April’s US CPI data, which was 8.3% YoY vs 8.1% expected and 8.5% YoY in March. As the print was stronger than expected, it stroked inflation fears in the US Read more…
Welcome to Forex Friday, a weekly report in which we discuss selected currency themes mainly from a macro viewpoint, but we also throw in a pinch of technical analysis here and there. In this week’s Read more…
As inflation continues to rise around the globe, central banks are trying to combat rising prices by ending their respective asset purchase programs and by increasing interest rates. Most of the major central banks have Read more…
It was a tremendous week of market volatility for every asset class on Wall Street. It is still all about inflation and what will be the reaction from central banks. A challenging inflation and growth Read more…
Many employers match employee 401(k) contributions in amounts from 1–5% of each paycheck. Vitalii Vodolazskyi via Shutterstock; Canva What Is a 401(k) Account? A 401(k) is an employer-sponsored retirement-savings account into which a worker can Read more…
Americans held $7.7 trillion in 401(k) plans at the end of 2021, making the 401(k) retirement plan one of the most commonly used retirement investment vehicles in the U.S. Americans held $7.7 trillion in 401(k) Read more…
The precious metal has slid 12% since March 8 to $1,811, hurt by a strong dollar and rising interest rates. Gold is supposed to serve as a beacon of stability in turbulent financial and geopolitical Read more…
Likely lame-duck executive defends role, promises not to tweet about ‘the loudest sound bite.’ Embattled Twitter (TWTR) – Get Twitter, Inc. Report CEO Parag Agrawal threw some shade at Elon Musk in a series of tweets Read more…
The company has smartly adapted to the ongoing decline of retail. The in-store retail experience has been in decline for quite a while. 9,300 brick and mortar stores closed in 2019, and 12,000 stores closed Read more…
Warren Buffett saw his net worth rise as other tycoons lost billions of dollars in a few months. Billionaire Warren Buffet is one of two people in the top ten richest people in the world Read more…